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The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
Several Social Security changes set to take effect ... Center of their my Social Security account. In the meantime, The Senior Citizens League (TSCL) estimates benefits will increase 2.5% in 2025 ...
According to the Social Security Administration (SSA), starting in January the estimated average retirement benefit will increase by $49 a month, from $1,927 to $1,976. This increase is the lowest ...
Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment . The 2025 COLA of 2.5% was announced in October and goes into effect in January.
Here's a change that applies to people who are still working, as well as those about to start collecting Social Security. In 2025, the contribution and benefit base is rising to $176,100 from the ...
Image source: Getty Images. 1. Benefits are getting a 2.5% cost-of-living adjustment. Each year, Social Security benefits are eligible for an automatic cost-of-living adjustment (COLA).
Every year since 1975, the Social Security Administration (SSA) has calculated a cost-of-living adjustment (COLA) to keep retirees' income relatively stable over time. The COLA is calculated by ...
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. This is under the 3.2% increase retirees saw last year. This is under the 3.2% increase ...